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Author Topic: Cryptocurrency with a corruption based government support scheme  (Read 443 times)
BulletCoin (OP)
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May 09, 2013, 09:45:28 AM
 #1

I want to propose a preliminary idea to design and develop a proper alternative cryptocurrency with corruption based government support scheme. The reality is that governments are trying to deny and ruin a reputation of cryptocurrencies because they are considered to be a thread against the positions of the bankers, state and politicians. This will lead eventually a battle between the position holders and cryptocurrencies that can harm both parties economically and politically. I suggest that a corruption scheme is implemented to a new alternative cryptocurrency to diminish the gap between the parties. In the mining process of the Devcoin a part of the coins are donated to the community of developers as a support. Similarly the corruption scheme could be used to collect a share from the mined blocks to the pool of bribes. The bribes are democratically voted among the coin owners to be donated as gifts to the key figures in power that can hurt the prevalence of cryptocurrencies. The aim is to lure the persons to use cryptocurrencies as an investment and a transaction medium but more importantly try to rise the awareness and benefits. The more connections the persons in power have to the cryptocurrencies the more expensive it is to try to outlaw them.
BulletCoin (OP)
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May 09, 2013, 11:43:36 AM
 #2

Donations could be assigned to some universities, hospitals, institutions, charity organizations and such. Also, it would be fruitful to seed some 3rd world countries with cryptocurrencies because they tend to suffer powerful and unfair governments and also high inflation.
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